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coins need to be mixed sufficient number of times to disconnect...

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jlo2012

2,910 Posts.

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27/02/22

13:15

Post #: 59851499
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Originally posted by diddycat: ↑

Hi Google

Razzlekhan or Crocodile of Wall St a recent bust and you will see they got busted for laundering BTC despite it having gone through a mixer

They cant prove they stole the BTC but it was stolen BTC aka Tainted BTC so charged with laundering stolen property . It just takes longer to hunt you down

So as you will read ,running your coins through a mixer can get you in jail for laundering stolen property even if you did not know it was stolen

Only way to keep your BTC is keep it in a wallet and hide the key once so if your nabbed they cant take it . Once it hits an exchange your on the radar again and can be taken without consent . No point owning it if you cant spend it and why BTC is not an accepted from of payment on the Silk Road .

By the way when stolen it was $72 million dollars worth about 8 years ago and now about $4 Billion and they could only launder a few MILLION before they got busted about a month ago . All those billions and no can spend

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coins need to be mixed sufficient number of times to disconnect past UTXOs from future UTXOs.

Coinjoin when done properly improves the fungibility BTC.

Mixing coins is not illegal and won't land you in gaol.

If someone steals something they should be prosecuted.

Price at posting: 0.0000 Sentiment: Buy Disclosure: Held
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